Don't Let Your Transaction Go Nuclear: NRC License Transfer Approval Affects More Transactions Than You Think

Any transaction involving either a change of control in or above an entity that holds a license issued by the U.S. Nuclear Regulatory Commission (NRC) or transfer of licensed assets to a new owner cannot close without prior NRC review and approval of a license transfer. This includes any transaction in the direct corporate chain above a licensee—no matter how far removed.

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